Western Union storefront in Bolivia with Solana blockchain network overlay representing USDPT stablecoin launch for remittances
Bitcoin News

Western Union USDPT Stablecoin Launch on Solana Reshapes Global Remittances

Western Union has launched its US dollar-denominated USDPT stablecoin on the Solana blockchain. This marks the remittance giant’s first move into blockchain-based payments and onchain settlement. The rollout began in Bolivia and the Philippines on May 5, 2026, according to a statement from Fireblocks, one of the crypto infrastructure platforms involved. Western Union USDPT stablecoin […]

Stablecoin remittance LATAM opportunity: Woman checking a stablecoin transaction on her phone in a Latin American home
Bitcoin News

Stablecoin firms have a $112B opportunity in LATAM remittance outside US-Mexico, Bybit reveals

Stablecoin firms are overlooking a $112 billion opportunity in Latin American remittance corridors that do not involve the US-Mexico route. That is according to Bybit Chief Marketing Officer Claudia Wang. She argues that most fintechs have focused too narrowly on the $61.8 billion US-Mexico corridor. They are missing faster-growing markets elsewhere in the region. Stablecoin […]

Uphold settlement over fraudulent crypto investment scheme with New York Attorney General
Bitcoin News

New York Forces Uphold to Pay $5M Over Fraudulent Crypto Investment Scheme — Shocking Settlement Revealed

New York forces Uphold to pay $5M over fraudulent crypto investment scheme. The settlement stems from the platform’s promotion of CredEarn, a product that misled users about its safety and returns. Uphold Settlement: $5 Million for Misleading Crypto Investors New York Attorney General Letitia James secured a $5 million settlement from Uphold on May 3, […]